IFRS on FAR – help and tips

  • This topic has 3 replies, 4 voices, and was last updated 9 years ago by Anonymous.
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  • #1331210
    Mike J
    Participant

    Hello all,

    While I’ve been working through the NINJA MCQ, a thought has occurred to me–other than how much of a masochist I must be to want to become a CPA.

    I haven’t gotten a lot of IFRS questions in practice, but I just have a sinking feeling they will load up on it.

    My test is December 9.

    I would appreciate if anyone can provide a list of differences between US GAAP versus IFRS.

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  • #1339310
    cpa007
    Participant

    I do not have a list but i can say all cpa book have some sort of chat which will help you to learn the difference. Wiley, Roger and Becker all the books had it . Make sure you know the difference you might get sims on them.

    #1364381
    Anonymous
    Inactive

    Definitely know difference between inventory valuation for IFRS and GAAP. Easy points there!

    #1368506
    Anonymous
    Inactive

    In Becker, there are some neat summaries at the end of each chapter for FAR for comparative purposes between IFRS and US GAAP

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